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SAP Revenue Accounting and Reporting (SAP RAR) Consultant

Infobahn Softworld Inc.St. Louis, MO🇺🇸United States

Why this role stands out

This remote SAP RAR Consultant role offers a fantastic opportunity to shape revenue recognition processes within an S/4HANA environment, driving impactful solutions for complex customer arrangements. You'll thrive here if you possess strong SAP RAR functional expertise and enjoy designing end-to-end solutions that adhere to IFRS 15/ASC 606 standards. Apply now to leverage your skills and contribute to innovative financial transformations.

Quick overview

SeniorityMid Senior
Work modeRemote
LocationSt. Louis, MO, United States

Job description

Title : SAP Revenue Accounting and Reporting (RAR) Consultant

Location : Remote

Duration : 12 months (possibility for extension)

Remote Position (with occasional travel if required)

Job Description:
Job Title: SAP Revenue Accounting and Reporting (RAR) Consultant

Role: SAP RAR Functional Consultant

Client is seeking an experienced SAP Revenue Accounting and Reporting (RAR) Functional Consultant to support the design and implementation of revenue recognition processes within an SAP S/4HANA environment.

Key Responsibilities

  • Lead SAP RAR requirements gathering, solution design, configuration, testing, and deployment.
  • Design end-to-end revenue recognition processes from Sales Order Customer Contract Revenue Accounting Contract Revenue Recognition Financial Accounting.
  • Configure Performance Obligations (POB), fulfillment events, and revenue recognition rules.
  • Design revenue allocation using Standalone Selling Price (SSP) and allocation rules.
  • Support complex customer arrangements involving products, equipment, services, warranties, installation, and multi-element contracts.
  • Design event-based and time-based revenue recognition scenarios.
  • Configure integration between SAP Sales and Distribution (SD), SAP RAR, and SAP Financial Accounting (FI/GL).
  • Support integration with SAP Project System (PS) for project/Engineer-to-Order scenarios where revenue recognition is tied to project milestones or customer deliverables.
  • Evaluate existing revenue-recognition processes and determine appropriate migration to SAP RAR.
  • Define contract modifications, cancellations, returns, credits, and prospective/retrospective accounting treatment.
  • Support IFRS 15 / ASC 606 revenue-recognition requirements.
  • Define RAR accounting postings, reconciliation, period-end processing, and financial reporting.
  • Work closely with Finance, Order-to-Cash, Sales, Project Systems, and technical/integration teams.
  • Prepare functional specifications, configuration documentation, test scenarios, and support SIT/UAT.
  • Troubleshoot RAR contract, POB, fulfillment, allocation, posting, and reconciliation issues.

Required Experience

  • Strong hands-on SAP RAR implementation experience, preferably with SAP S/4HANA with 10 -15 years of experience SAP RAR.
  • Strong understanding of ASC 606 / IFRS 15.
  • Experience with SAP SD RAR FI integration.
  • Experience with SSP determination, POB configuration, fulfillment, allocation, contract modifications, and revenue postings.
  • Manufacturing industry experience preferred; experience with Engineer-to-Order, Make-to-Order, project-based sales, equipment + service contracts, or milestone billing is highly desirable.
  • SAP PS/RAR integration experience is a strong plus.

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